Navjot Singh Sidhu forms a new party called the 'Awaaz-e-Punjab' and ties up with the Pargat, Bains brothers.
'Yesterday, I was at a seed meeting where we gave outright grants up to Rs 20 lakhs or loans up to Rs 50 lakhs for new start-ups under 2 years.'
Private equity investments in Indian companies grew 38 per cent to $62.2 billion last year, with inflows into Reliance Industries' telecom and retail ventures contributing nearly 40 per cent of the total value of the deals, a report said on Wednesday. Barring investments into Jio Platforms and Reliance Retail, the total deal value was down by 20 per cent over 2019 as the volume of large deals of more than $100 million dipped by a fourth, as per the report by Bain & Company and India Venture Capital Association. Overall investment activity remained muted from March to May last year due to COVID-led uncertainties and investor confidence recovered strongly in the second half to pre-COVID levels with late-stage and buyout deals witnessing increased traction, it said.
Rahane dropped anchor to score an unbeaten 144 off 156 balls while the young Ishan Kishan smashed his way to an 87-ball 114 during their opening stand of 210, which took the C team's score to 352 for seven in 50 overs.
Adityanath has earned a new sobriquet "bulldozer baba" due to raging of properties of criminals and mafias built through illegal means.
Once stability returns to the secondary market, companies that have obtained approval from Sebi will start tapping the market.
In what is amongst the first focused fund in the space, India Media Entertainment Fund (IMEF) is raising Rs 500 crore, which will provide both equity as well as instruments like non-convertible debentures (NCD) to companies in the content, distribution platform and services areas. The private equity fund has appointed a high-profile advisory body which includes ad guru Prahlad Kakkar, managing director of Red Chillies Entertainment and cricket team KKR Sports, actress and entrepreneur Raadhika Sarathkumar, who has starred in Malayalam, Hindi and Kannada films and runs Radaan Mediaworks. It also includes Ramnath Pradeep, former chairman and managing director of Corporation Bank, and Rajesh Gupta, senior partner of law firm SNG Partners.
147 domestic and international recruiters -- including Ola, Amazon, Flipkart and Xiaomi -- hired all 460 graduates.
The explosion took place in the wash room of the second floor of the court complex, said police.
With 16 start-ups gaining unicorn status in 2021, India's tally has touched the 50 mark. The newest entrant to this list include Pune-based MindTickle, which is close to finalising a $100-million funding round from Softbank's Vision Fund 2, taking the company's valuation to $1.1 billion.
Within two days, the business school had 108 recruiters making 370 domestic and international offers, including 23 new final recruiters with an average salary of Rs 25.08 lakh.
'IIM Ahmedabad has seen one of the best placement seasons ever and this change can be attributed to the markets opening up after the pandemic.'
Aishwarya and her adorable daughter Aaradhya make a cute picture.
Jazzy B -- or Jaswinder Singh Bains -- is an Indian-Canadian singer and songwriter.
Shrugging off their disappointing loss against Pakistan in the last game, India U-19 boys held their nerves as they eked out a three-wicket win against Sri Lanka with five balls to spare as they set up summit clash with arch-rivals Pakistan in the Asia Cup in Dubai.
More and more PE players are willing to test the waters now, just in case they become early entrants in a future booming business.
Kevin Mirallas' first-half penalty miss proved costly as Everton's dismal run continued with a 0-0 Premier League draw at home to West Bromwich Albion on Monday.
IIM Lucknow has concluded its 2020-21 final placements.
But the Congress said its leader Priyanka Gandhi Vadra will attend the event.
The change in ownership is expected to give a fresh lease of life to the company that has often been dragged by financial stress in its close to three-decade journey under the Khaitans, reports Ishita Ayan Dutt.
An Indian-origin doctor, branded as "sex predator" for sexually assaulting women and teenage girls and secretly filming the acts, has pleaded guilty to 39 sexual offences at a UK court.
Left-handed opener Akhil Herwadkar scored a century as almost all the Indian batsmen scored runs in their crushing 189 run win over hosts United Arab Emirates in the opening game of the U-19 Asia Cup in Sharjah.
Ajinkya Rahane's struggles in limited-overs' cricket continued as India B comfortably beat India C by 30 runs to enter the Deodhar Trophy final, in New Delhi, on Wednesday.
When Anand Mahindra becomes non-executive chairman in November, Shah will become the first professional MD and CEO in the history of the Mahindra group to have a complete oversight of and responsibility for the Mahindra group businesses.
Punjab government on Wednesday night denied the charge by Lt Gen (Retd) K S Brar that the state government had downgraded his security from Z to Y category.
Of the 1,145 offers made this year, consulting firms made up 34 per cent, followed by banking, financial services and insurance, pharma/healthcare, IT/ITeS and FMCG/retail.
E-commerce firms Amazon, Flipkart, and others are expected to witness blockbuster festival season sales of around $9 billion this year, surpassing pre-pandemic sales of $5 billion in 2019. The pandemic has accelerated the shift to e-commerce, with more consumers shopping online at a higher frequency than last year, observed analysts. This year's festival sales (gross merchandise value or GMV) are expected to grow 30 per cent year-on-year (YoY) to $4.8 billion during the first week of the season and potentially clock over $9-billion GMV during the whole festival month, revealed consulting firm RedSeer's e-commerce festival season report.
The inquiry by will not deal with the allegations of sexual harassment against the CJI.
Sensing a huge opportunity in the healthcare sector during the Covid-19 pandemic and its aftermath, private equity (PE) players are upping their investments in the space. According to data from research platform VCCEdge, the PEs have together invested a staggering $583.82 million in the first five months of 2021 in five deals, which is the highest investment in the sector in the last five calendar years - from 2016 to 2020. The second highest investment in the sector took place in 2017, when PEs invested $503 million in 18 deals, with an average deal size of $29. 9 million.
Tata Sons has started the process of due diligence of state-owned Air India and its subsidiary Air India Express. Sources said the group has appointed Bain and Company and Seabury Group for this purpose. Once complete, a financial bid will be submitted and a deal to take over the airline is likely to fructify by end of this year or even earlier, people involved in the process said. Simultaneously, the group has brought in veterans in the aviation business from Delta and United Airlines to prepare a plan for post-merger integration of Air India with its existing airline ventures. Tata Sons operates Vistara - a 51:49 percent joint venture with Singapore Airlines and Air Asia India, in which Tatas hold 83.67 per cent stakes.
Wealthy Indians shelled out 3.1 per cent of their total income on charitable donations in 2011 and more than half pledged to give even more this year, says a study by global business consultancy Bain & Company.
The Supreme Court on Monday agreed to hear a plea seeking direction to the Central Bureau of Investigation to lodge an FIR into the alleged conspiracy to "fix" Chief Justice of India Ranjan Gogoi.
Lawyer Utsav Singh Bains claimed that he was offered Rs 1.5 crore to represent a former apex court woman employee and arrange a presser against the CJI at the Press Club of India in New Delhi.
The central government has agreed in-principle to Air India employees' main demands. It fears an industrial dissension now could impede the process of privatisation. It has agreed to bear the cost of liquidation loss on account of transfer to the Employees' Provident Fund Organisation (EPFO) from company-owned trusts, inclusion of employees in the central government health scheme (CGHS), and encashment of leaves. The template of the Air India process will be followed for other public sector undertakings up for privatisation at a later date.
The soon to-be-wed couple threw a lavish, exclusive party for close family and friends.
... As the world swings from 'financialisation' to 'artificial intelligence', asks Ajit Balakrishnan.
Apprehending threat to the life of family members, father of the child rape-victim has moved the Supreme Court on Thursday opposing the bail plea of self-styled godman Asaram Bapu.
Overall gross import of rough diamonds between April to November 2019 has shown a decline of 17.24 per cent to $8.55 billion from $10.34 billion registered during April to November 2018. This is one of sharpest fall in import of diamond in India in last one decade.
Ambani's holding group launched the Indian Super League, an elite competition of newly created teams, in 2014 with the aim of attracting investment and big global names, much like the Indian Premier League has in cricket. 'It was 100% a wasted opportunity'.
The detection of phosphine molecules, which consist of hydrogen and phosphorus, could point to this extra-terrestrial 'aerial' life, according to the research published in the journal in Nature Astronomy.
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